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1244 Wallace St, Richmond, VA 23220

$419,000

Last sold 03/17/2025 for $400K

3
bed
3
bath
2,265
Sqft ($177/Sqft)

House not for sale

About 1244 Wallace St

Property type House

Neighborhood

Year built 1941

HOA fee $0/month

Lot size 6,874 Sqft

Movoto estimate

Rental estimate

Property description

This darling cape is located within walking distance to VCU and Byrd Park. The home sits on a 6875 sq. ft. rolling hills lot with an iron rail entry way. Parking on the street and private parking in the back, access to the first level is easily accomplished through the kitchen or basement entrance! Property has two outside mini-split units with 6 indoor conditioned zones. Listed are some improvements from the current owner: Front door overhang/roof - 12/01/22 - $1,900, New roof 30 year Dimensional Shingles- 09/29/22 - $6,300, New bathroom - 05/11/22 - $10,000, Laundry-washer and dryer for home - 03/20/22 - $787, Fridge, microwave and vent - 03/12/22 - $1,427, New downstairs sink 09/04/23 - $700, Basement window frame replacement - 09/21/23 - $1,100, Basement door & sump pump - 08/01/24 - $6,000, Boiler system removal - 12/23/24 - $1,900

Listed by

Listing Agent - Michele Burke

Listing Office - Virginia Capital Realty

Source: Central Virginia Regional MLS

MLS#2503662 • last updated 1 year ago

Movoto checked Central Virginia Regional MLS for data 8 minutes ago

Overview
Cooling/AC	Central Air
Heating	Electric, Other
Levels/Style	Cape Cod
Type	Residential
SubType	Single Family Residence
MLS #	2503662
SqFt	2265
Status	Closed
Lot Size (Acres)	0.1578
Annual Property Tax	3864
Year Built	1941
Property Condition	Resale

Interior
Total # of Bathrooms	3
# of Full Baths	2
# of Half Baths	1
Total # of Bedrooms	3
Total # of Rooms	8
Flooring	Concrete, Linoleum, Wood

Exterior
Lot Desc	Rolling Slope

Amenities / Utilities
Sewer/ Septic	Public Sewer
Water Source	Public
Pool Desc	None

Location
Subdivision	Wallace Manor
Elementary School	Fox
High School	Thomas Jefferson
Middle School	Dogwood
APN	W000-0437-061
Directions	Downtown Expressway To Lombardy Exit, Left On S. Harrison And Right Onto Wallace St
Zoning	R-6

$419K

Range: $364K-$473K

Last 30 days

Rental est.: $1,809/month

• Gross rent multiplier: 18.4

Lower your payment with the loan terms that fit you.

Mar 2025
Public Records
Mar 19, 2025 Sold
$400,000
Mar 2025
MLS # 2503662
Mar 17, 2025 Sold
$400,000 (-5.9%)
Feb 15, 2025 Pending
—
Feb 13, 2025 Listed
$425,000 (+18.1%)
Mar 2022
Public Records
Mar 9, 2022 Sold
$360,000
Mar 2022
MLS # 2134828
Mar 8, 2022 Sold
$360,000 (-2.7%)
Feb 2, 2022 Pending
—
Jan 17, 2022 Price Change
$369,950 (-3.9%)
Nov 23, 2021 Listed
$385,000

Year Property taxes Tax assessment
2025
$4,080 +5.6%

$340,000 +5.59%
2023
$3,864 +68.6%

$322,000 +10.27%
2020
$2,292 +9.1%

$292,000 +66.86%
2019
$2,100 +7.4%

$175,000 +7.36%
2018
$1,956 +349.0%

$163,000
2014
$436

$163,000

1244 Wallace St
$400K
Randolph
$407K +29% y/y
23220
$439K -2% y/y
Richmond
$357K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1246 Wallace St, Richmond, VA 23220	$371,000	4/2	1,474	0.01
1242 Wallace St, Richmond, VA 23220	$349,000	2/1	1,228	0.01
1248 Wallace St, Richmond, VA 23220	$364,000	3/1	1,339	0.02
1234 Wallace St, Richmond, VA 23220	$297,000	2/1	952	0.03
1311 Idlewood Ave, Richmond, VA 23220	$428,000	3/1	1,728	0.03
1232 Wallace St, Richmond, VA 23220	$297,000	2/1	952	0.03
1317 Wallace St, Richmond, VA 23220	$369,000	4/1	1,320	0.03
1313 Idlewood Ave, Richmond, VA 23220	$482,000	4/1	2,160	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.